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Home My WebLink About760470.tiff IN THE DISTRICT COURT IN AND FOR THE COUNTY OF WELD AND STATE OF COLORADO Civil Action No.n`-{ CS' IN THE MATTER OF FORECLOSURE ) NOTICE OF HEARING OF OF A DEED OF TRUST GIVEN BY ) MOTION FOR FORECLOSURE. HAROLD F. BAUMGARTNER. NOTICE IS HEREBY given that Sigrid Thompson, Myron Thompson, Dale K. Thompson and Rachel I. Howell, Petitioners, by their attorneys, Flanders, McCarty, Wood & Sonnesyn, have filed in this Court a verified Motion herein for an order author- izing the foreclosure sale by the Public Trustee in and for Weld County, Colorado, under power of sale contained in a certain deed of trust executed by Harold F. Baumgartner to the Public Trustee for the use of Sigrid Thompson, Myron Thompson, Dale K. Thompson and Rachel I. Howell, whose address is c/o Myron Thompson, 1506 Twin Sisters Drive, Longmont, Colorado 80501, said deed of trust being dated December 27th, 1972 , recorded December 29th, 1972, in Book 682 , Reception No. 1604412 of the public records in the office of the Clerk and Recorder of Weld County, Colorado; the real property described in said deed of trust is sought to be sold under the power of sale contained in said deed of trust and is situate in the County of Weld, State of Colorado, described as follows, to-wit: The southeast quarter (SEa) of the southwest quarter (SWa) of section 9; the northwest quarter (NW4) of section 16 ; the east half (E2) of the northeast quarter (NEa) and the southwest quarter (SWa) of the northeast quarter (NE4) of section 17 , all in township 2 north, range 68 west of the 6th P.M. , EXCEPTING from the NEq of said section 17 right of way conveyed by deed recorded in Book 86 , Page 192; 760470 and also excepting parcel of land conveyed by deed recorded in Book 221 , Page 355 , Weld County records; Also except Easement as described in Instrument recorded in Book 894, Page 384 , Weld County records ; and EXCEPT reservations as contained in Patents recorded in Book 20 , Page 75, and Book 153 , Page 463, and in Deed recorded in Book 170 , Page 69 , Weld County records; TOGETHER WITH all water and mineral rights owned by Sellers [grantor] and appertaining to said premises including 100 acre foot units of water as allotted to said premises by the Northern Colorado Water Conservancy District, five (5) shares of the capital stock of The Plumb and Dailey Ditch Company and one and one-half (11) shares of the capital stock of The Smith and Emmons Ditch Company. Notice is further given that the Motion states that there has been default in the payment of notes and indebtedness secured by said deed of trust, particularly the failure to pay principal and interest installments due on December 27th, 1975, in the aggregate sum of $39 ,673 . 30 , accrued interest since that date, costs , attorneys fees , ditch assessments , and the 1974 general property taxes. The Motion states that Harold F. Baumgartner, grantor, and James H. Tull, current record owner, are personally liable on notes secured by said deed of trust. Notice is further given that, pursuant to the order of Court, this Motion be heard in this Court, Weld County Courthouse, 9th Avenue and 9th Street, Greeley, Colorado, on the c-V(, -' day of April, 1976 , at the hour of 47: - S o' clock 1P.M. Dated this 14:5 day of March, 1976 . v� • • Clerk of the Court, 9,-; 7 f - • - 2 - NOTICE OF PUBLIC TRUSTEE'S SALE - STATE OF COLORALU ) ss. NOTICE OF PUBLIC TRUSTEE'S SALE COUNTY OF WELD ) R/(0 whose Whereas, HAROLD F. BAUMGARTNER, �� address isP• 0. Box 144, Brighton, Colorado 80601, , grantor by deed of trust dated the 27th day of December 19 72 , and recorded in the office of t>ra County Clerk and Recorder of Weld County, Colorado, on doC December 29th , 1972 , in book682, ^_ceptionarbr6e No. 1604412 , Y y t the c Trustee of said Weld County, Colorado, the following described premises situate in the County of Weld, State of Colorado, to-wit: The southeast quarter (SE4) of the southwest quarter (SWa) of section 9 ; the northwest quarter (NWa) of section 16; the east half (Eli) of the northeast quarter (NE4) and the southwest quarter (SWQ) of the northeast quarter (NEa) of section 17, all in township 2 north, range 68 west of the 6th P.M. , EXCEPTING from the NEa of said section 17 right of way conveyed by deed recorded in Book 86 , Page 192; and also excepting parcel of land conveyed by deed recorded in Book 221, Page 355, Weld County records; Also except Easement as described in Instrument recorded in Book 894 , Page 384 , Weld County records; and EXCEPT reserva- tions as contained in Patents recorded in Book 20, Page 75 , and Book 153, Page 463, and in Deed recorded in Book 170 , Page 69 , Weld County records ; TOGETHER WITH all water and mineral rights owned by Sellers [grantor] and appertaining to said premises including 100 acre foot units of water as allotted to said premises by the Northern Colorado Water Conservancy District, five (5) shares of the capital stock of The Plumb and Dailey Ditch Company and one and one-half (11) shares of the capital stock of The Smith and Emmons Ditch Company in trust to secure four promissory notes of even date with said deed of trust for the jgr₹TAcipal sum of TWO HUNDRED EIGHTY-SEVEN THOUSAND ONE HUNDRED NINETY-POUR & 30/100 -- Dollars payable to the order of SIGRID THOMPSON, MYRON THOMPSON, DALE K. THOMPSON and RACHEL I. HOWELL, after the date thereof, with interest at seven per cent per annum, payable and if not paid when due, with interest at the rate of eight per cent per annum thereafter until paid; and anti Whereas, it is provided in said deed of trust that in case of default in the payments of said notes or the interest thereon when due, or the payment of the taxes on said premises,that the holders of said notes may elect to declare the said notes due and payable; and Wnereas, default has been made by said grantor in the performance of the covenants and conditions imposed upon him by the terms and conditions of said deed of trust, in this, to- wit: That said grantor ha s failed to pay principal and interest installments due on December 27th, 1975, in the aggregate sum of $39,673.30, accrued interest since that. date, attorneys fees, costs, ditch assessments, and the 1974 general property taxes, Whereas, the legal holders of said notes and indebtedness have filed with the under- signed Public Trustee in and for Weld County, Colorado, notice and demand in writing, declarinc such defaults and electing to declare the whole indebtedness secured by said deed of trust, dw and payable, and demanding the sale of said premises described in said deed of trust. Now, Therefore, notice is hereby given, that pursuant to said notice of election and de- mand, and under and by virtue of the authority vested in me by said deed of Trust and the la' applicable thereto, I, L yin \ne l jQA\S as the Public Trustee in and for Web County, Colorado, will sell the above desrcribed land and premises for cash, at public auctio to the highest bidder, at the maim ujs Vetr of the Court House in Greeley, County of Weld State of Colorado, on April go 19 76, at !G 0f o'clock in the forenoon for the purpos dfftch �.sfsess ents, and all expenses o of paying said note , interest, taxes , attorneys ees, i an , this sale, and will give to the purchaser thereof a certificate of purchase therefor as provide by law. Dated Gre ?3ey, Colorado, March 4 7N , 19 76 . PUBLIC TRUSTS IN AND FOR WELD COUNTY, COLORADC First Publication Ma/'CH /cQ , 197 , Last Publication f9PRIL , 107,.E Published in The Greeley Tribune. SUPPLEMENTAL PUBLIC TRUSTEE 'S NOTICE. This is to advise you that Foreclosure Proceedings No. /46 were commenced in the office of the Public Trustee of Weld County, Colorado, on the 4th day of March, 1976 . The foreclosure concerns four promissory notes secured by one deed of trust executed on the 27th day of December, 1972 , by Harold F. Baumgartner, the grantor, and James H. Tull, now being the record owner thereof, both of whom are personally liable on said notes. The deed of trust was recorded in the records of the office of the Clerk and Recorder of Weld County, Colorado, on the 29th day of December, 1972, in Book 682 , Reception No. 1604412. The real property described in said deed of trust which will be sold at Public Trustee' s foreclosure, is situated in the County of Weld, State of Colorado, described as follows, to-wit: The southeast quarter (SE4) of the southwest quarter (SW4) of section 9 ; the northwest quarter (NW4) of section 16; the east half (E_) of the northeast quarter (NE4) and the southwest quarter (SW4) of the northeast quarter (NE4) of section 17, all in township 2 north, range 68 west of the 6th P.M. , EXCEPTING from the NE4 of said section 17 right of way conveyed by deed recorded in Book 86 , Page 192 ; and also excepting parcel of land conveyed by deed recorded in Book 221, Page 355, Weld County records; Also except Easement as described in Instrument recorded in Book 894, Page 384 , Weld County records; and EXCEPT reservations as contained in Patents recorded in Book 20 , Page 75, and Book 153 , Page 463, and in Deed recorded in Book 170 , Page 69, Weld County records; TOGETHER WITH all water and mineral rights owned by Sellers [grantor] and appertaining to said premises including 100 acre foot units of water as allotted to said premises by the Northern Colorado Water Conservancy District, five (5) shares of the capital stock of The Plumb and Dailey Ditch Company and one and one-half (14) shares of the capital stock of The Smith and Emmons Ditch Company. Attached hereto are the Notice of Public Trustee ' s Sale and copies of the following statutes which may vitally affect your rights in relation to this foreclosure proceeding, which may result in the loss of property in which you have an interest and which may create a personal debt against you: Colo. Rev. Stat. Ann. §38-37-113 (1973, as amended 1975) ; Colo. Rev. Stat. Ann. §38-39-102 (1973, as amended 1975) ; and Colo. Rev. Stat. Ann. §38-39-118 (1973, as amended 1975) . You may wish to seek advice of your own private attorney concerning your rights in relation to this foreclosure proceeding. Dated this 4th day of March, 1976 . //J& // �C Public Trusth of Weld County, Colorado. 2 - CCk' - 2 - +S.-'�'y 3..f�,ra...a ;'vs "Sj r�"°ta�.T•ntiYs Gb-r'i'Y'i`ft-ti,V1ra'T'tt^r",.rt.Ys "- '�eF -'f �., � --- z,-- '.f'r<< ;+y3i y,: 9. e' vie 4 .c,... .rY-.a-`s . ,. ,/?r' .ri- v. -.-� r.. ,L n r T 's • F <-^•^�v ,,,- .�.-5, .C ''^s 'r ' *-;b wig - sr .-f ,. x ` +' ::? Y.: r 3y r3�SrYs.�r�--=- ',"'tl yi„'��eYr � d vim'. �'G�'.y,. ..-<. "ti.l t"�r t'. 4 ♦ <f, � • C r 3..,.�._ -'«ui4'`f` .r'i yr ' . .'"a`t44 c"i`~ -.>4.4: .--tq,.4 `' .../. 4��,.Y Y F _ {! st. r .�.'° X t. }yam, c; b 4vL. �7/ ..l . ^4 �n!-l4 `� �X�.M K✓lf.V`; 'Yt• :S7f - f ,,i ce Q '•vt 71.S __,, Y f`Y`!.>'IA ..e: fe4 f` `^+ -M ._`t.y. } 4 YI •u,. 1 -7-,4,Y -3✓k.1', 'i Y M� •5.4 '-� r+ts, Stu i l ,: .ta 1. > c .E -r;`S ` -eft. a .4: •x a.ra t `` re -: n M1Z-a ..r€t;,rt " r..4 -->a. : - . et, p� y ...xn' tis..•tt "' 'k^,'.�' �.r t i "77t -* y4 - r . ' ]c +Ira "� �dr -„� .;.�5`, ..T�-o" F§r.u^ � r �: p ., " ..-,u�.3-1,t�..�'r` "L e,..t. J-.ri'_r3, >�-' .c. t? - -^a- -r'RRy= wn. 'S 'r '% v '�i ,r, -•- "t+,M > rNn�+h- :,4;. n ' '� z't a`S' i=t° f'f"F,. v'yf"ha`< iN 4. �A 'ci> 38-37.112 Property-Real and Personal 316 317 Law reviews. For article, "Curative Stat- Public Trustee of Deeds of Trust utes of Colorado Respecting Titles to Real Colorado", see 28 Dicta 437(1951). For arti- to an of el, :.:*•-- t. Estate", see 16 Dicta 71 (1940). For article, "Curative Statutes of Colorado Respecting de, "Standard Pleading Samples to Be Used Titles to Real Estate", in Quiet Title Litigation", see 30 Dicta 39 (4) see 26 Dicta 321 (1949). For article, "Foreclosure by Sale by Colorado", For asee 30, "Statutory a79(19 3),Redemption therein a t Colorado see 30 Dicta 79(1953). p� n m a rec 38-37-112. Fees under successor trusteeshipuc r- performance of services in section 38-37-111,trusteeship. all be allowed ttruso charge and sale, receive only such fees as are allowed by law for the performance of like name services under deeds.of trust wherein such public trustees are named as the ntrustees. amou > en m Source: L. 15, p. 479, § 2; C. L. § 5049; CSA, C. 40, § 63; CRS 53, keepi r, § 118-3-12;C.R.S. 1963, § 118-3-12- (5) Cross reference. As to the public trustee 1 being the successor under a private rust,see the Ihz Estate", see 16 Dicta 71 (1940). For article, 5t Y, - .- §38-37.11 L "Curative Statutes of Colorado Respecting the ft Law reviews. For ankle, "Curative Stat- Titles to Real Estate", see 26 Dicta 32t - shall utes of Colorado Respecting Titles to Real Colorado49). ",ser e 30 Dicta 79cle, ( 91"Statutory3)Redemption in in adc • 38-37-113. Beneficiary elect to foreclose - notice - or rec'1 ,,e;• funds. (1) Whenever the beneficiary under a deed of trust disposition the legof escrow -,- al holder (6) l 1 . of the indebtedness secured thereby declares a violation of any of the cove- and s nants of a deed of trust and elects to advertise the property therein described the bt for sale, he shall file said notice of election and demand for sale in writing be pa '' with the public trustee, and the public trustee shall thereupon advertise the until 1 premises named in such deed for sale in accordance with the terms of sale 38-39- specified in such deed; except that such sale may be held at the place desig- (7) 4 , nated in the deed of trust or any place designated in section 38-37-108, and "" shall the notice of sale shall designate the actual place of sale; and thereupon the and 1 shalt tx public trustee shall securely paste such notice of election and also a printed the o` copy of the notice of sale in a book to be kept by him for that purpose, may r kY which book shall be open for the inspection of the public at all reasonable hours. Upon receipt of such notice of election and demand for sale, the public to any • - trustee shall cause a copy meS county clerk and recorder of the county in which to be the real ed in hese tatecaffected is situated, and the recording fee for the same shall be collected as part of 516, the expense of said sale. 1963, (2) The public trustee, within ten days after the date of the first publi- c cation of said notice, shall mail a printed copy cordon address thereof to the grantor at the given in the trust deed, and he shall also mail a like notice to each _ Cross person who appears to have acquired a record interest in said real estate trustees subsequent to the recording of said trust deed, whether by deed, mortgage, public t judgment, or any other instrument of record. Such notice shall be mailed t 38-37- subsequent n to such person at the address given in the recorded instrument of writing. a 4 trustees 38-37- Postage costs under this section shall be part of foreclosure costs. trustees 4(3) Jr such recorded instrument of writing does not give such address, 4637. it will not be necessary to mail any notice to the particular person whose v � address is not so given. Where only the county and state is given as the leC by address of such person, such printed notice shall be mailed to the county . Colo ad Sale by seat of such county. It is not necessary to mail a copy of said printed notice Forms - • hi^ `S S�3-biw�A-2 p �y�r 41. �-A`y�' - tk ._ ° .,1 ,s.ca: rf F. ''"-'-' A~�Wl.iea5r e743.4.-44,,,,4%):',%,&a>'i."1€..', ay �v x-'r- > -ff`fir >,.� W arm u•- ,,sir ""5,%,ay.r'f..0 aai�rt';., '=+;.,,,=1-4,..?",:,,271,11":-.„ .°" `h-!„( e:a .fz. --.- c v a�..:--.2.i c 'S"-Aw --. a..-tT-."--',..-. 4�,-'ur. S +rc�wyMX,d -w i y st.."?h.-�f'X 4'x.-" C:� �':- v j tf,�,.:tea .' ^ `•�M Tom..»y'` t N ab.. •'._.iN t. :::P, ✓'/0 .-'^ C ;-.7\ .iP 7^-.,,, `'2 vv2+4^Xr°'r2.`-"n rt i% .i 7 C i X Y +, c)7.'-,!5.4.14,4, '�.'T ,, '` '"ay±".,.sj. eile rt;t+y=A, �,fir. ` 51: Ziy„.. , .3 +,;:cy,0. v;:r +`r-'.`. ...s r`4 .';"'. .-f _s t s,^ttnt ., �. s-,Y+r . -'ter+✓ &.ah fi v r...c" '4< r ,,izs .i."M r``. >4'J�ctc,v r < K'tT c-�+'j" " ��`' 'M ATh c to �y `ry" C /-mot i'- 1-+"C. .t+• '?, ,ry ''1� y�y �1T.cc y �y,�: C A ti„ , ,� ,.r y-xa. `' ₹`"�N� ,y-- .t'`h'7, ,,'t4- esW -₹ .-.44' r.FT7'°��. 4r,- N Y�� 'r r, _z_. ,�r i t -... ..s-tf 4 ;":;4- N"4.cr, Y 7 L.x. r-e7,4 C4"4"s '+ .�-.t '�-4 - +-fie- ,,.," x . .-,� . ; 1, n-� 7Cw' � i 1: l'alt V ?.` - .gF1;:i b ' i.,.- •, t'7�' s'::- wEmi Y > y..-- ,� . iM11Slry" 2'* h Q .`.> Q,.�;`:a'-T.'�.,, Gt 4 . i -P "^4 -..3 jj} ' rkk L.a � I s It r 316 317 Public Trustee and Deeds of Trust 38-37-113 iS to any person whose interest does not appear of record at the time said notice # - , eels of Trust in of election and demand for sale is recorded. J} Z:- ;a (lest. BBe ah- (4) Whenever such public trustee makes a sale of the property described #f II L::tam see es 3t0 Dicta Used .- 1 � �••, 30 39 in a deed of trust, he shall enter in a book to be kept by him for that purpose story Redemption in a record of the name of the person executing such deed of trust, the date 111".3.?x 90953). thereof, a brief description of the property therein described, the date of the t sale, the name of the newspaper printing the notice of the sale, a list of the liggst Y trustees, for the x names and addresses of the persons to whom the printed notice was mailed, . . ed to charge and the name and last post-office address of the purchaser at such sale, and the „ 'ormance of like amount at which such property was sold in separate parcels if so sold or Fan ;s are named as en masse. The public trustee shall not be entitled to any fees whatever for r; , s,; keeping such notice or record. . ), § 63; CRS 53, (5) Whenever the beneficiary under a deed of trust or the legal holder 44 4 of the indebtedness secured thereby files with the public trustee, prior to ._d`; the sale, a written withdrawal of the notice of election and demand for sale, s I (1940). For article. the foreclosure proceedings shall thereupon terminate. The public trustee 4= :olorado Respecting shall record the withdrawal and collect all expenses actually incurred and, , k ', see 26 Dicta 321 in addition thereto, a withdrawal fee equal to the amounts authorized on saleA , 79 :4824- (1953). Redemption in 3 or redemption under section 38-37-105 (1). ` 79(1953). ,''�� (6) If, at a foreclosure sale by a public trustee, the property is struck 'n l;• ?sition of escrow and sold for an amount in excess of the expenses of sale and moneys due - , z 5r the legal holder the beneficiary or legal holder of the indebtedness, the excess moneys shall ilti any of the cove- v be paid into the hands of the county treasurer to be held in escrow by him ;,4 therein described until the end of all redemption periods as provided in sections 38-39-102 and or sale in writing ,i 38-39-103. 4 �P r`X. pon advertise the (7) Upon the expiration of all redemption periods as provided in sections 73 the terms of sale it 38-39-102 and 38-39-103 and if notice of intent to redeem has been duly filed - it the place desig- _ and no redemption is made as provided in said sections, the excess moneys tii.,c- 'Al on 38-37-108, and shall be aid to the unior lienors in the order of their priority and then to t$i� tn. md thereupon the x the owner of record as of the day of the foreclosure sale. The public trustee, ' ' and also a printed may • request proof in the form of an affidavit establishing the amount due ; �'- for that purpose, s to any junior lienor. 'j : at all reasonable k or sale, the public L Source: L. 1894, p. 52, § 4; R. S. 08, § 6864; C. L. § 5050; L. 25, • p. tf the office of the ^' 516. § 2; CSA, C. 40, § 64; CRS 53, § 118-3-13; L. 61, p. 642, § 4; C.R.S. :al estate affected ,t. 1963, § 118-3-13;L. 69,p.979, § 2;L.73,p. 1153, § 1. - )llected'as part of : Cross references: For publication of legal notices, see part I of article 70 of title 24;for ¢ forclosure of mortgage containing acceleration clauses,see§38-38-105. of the first pubii- ti the grantor at the .:€ Cross references. As to the appointment of ing Samples to Be Used in Foreclosures ike notice to each cr• public trustees, see §38-37-102. As to deputy Through Public Trustee", see 28 Dicta 461 ,, In said real estate ,` trustees being successors in office, see (1951). For article, "Statutory Redemption in deed, mortgage, tc §38-37-103. As to the duties of public Colorado",see 30 Dicta 79(1953). s ytrustees, see §38.37-105(1). As to sales by Notice to subsequent encumbrancer, at the 0 :e shall be mailed ,,. trustees and where they are held, see address given in the deed of trust,is a compli• ! -ument of writing. §38-37-108. ante with the statute. Watkins v. Booth. 55 y 3 Costs. Am. fur. See 55 Am. Jur.2d, Mortgages, Colo.91,132 P. 1141(1913). W §637. And where the mortgagee testified that he I ;fve such address, '+ ' C.J.S.See 59 C.J.S-,Mortgages,§528. had actual notice of the foreclosure proceeding, ' n -t Oar person whose - Law reviews. For article, "Foreclosure by but that there was no compliance with the to is given as the Sale by Public Trustee of Deeds of Trust in statutory requirements of notice, the record 1t., fled to the county Colorado", see 14 Dicta 5(1936). For article, reflected that the notices in question were 1. "Forms Committee Presents Standard Plead- mailed to him at the address given in the deed Ii •,Y- , said printed notice j It it Sys: 4 n ,, �w g 'r-:. ...^vim. .L.a 4-q..'—'-'<, .„.F. y�w�' f a' . ,.f.§ts-..ems '3e ��✓�'✓ x+'�` •--.p, r #. t..4 44 s - 4,3?••�J�r* T- '�yS£`sX G—t• t r '� —gf ,aL�pe+>.'G.f ,s• r. "K s .yk. Ua--n:re 9� ♦ ys xf1a' MP.}a'S+..; l y tai £ Y T s p. --�S H . R . � ._ _ r3. ��r • zi vim)`«. 1 {ni` _'k Yw ..;- ""}'1 5 - +�._ '.s—`- ..v k T?� '-a.p5` �vi v. e' [?-r`.te- �'` --Iv-.c."4„....:,...,,,,,,,..5—,...,,t k .?,, v;�"* '.r `'. TiF'7S,f'a,.�. t1':,'3.erY+79��tC : " jJ},`ti,^ .rf`''.,t"'Y. a.q _� s "�J"�.st,iP'n' �'.�4+r ' � f• y r+x� rx3kv.r4.?hr,•'�:t . -, . �' "i' x----'' r.< s Y""c,""„y 5v $ .^cu '�t v f`F+U� b `s. ".r ,`s-ifs,' i4isa 4" •.4+es-t r ' ,, a z ' sat Y �'�.-:..r. _yak 'mot x'5'4` i--: .+Iu , t 'vW x".e K- .4-•',,� 1 r` Ai a { t-tt ^rxX '5.5,Y` ~ a�'ti.,¢}yam+- iw' ° Y pmt r. -.,gwrrWg rrs4, +�vr"x.twr...,- 14.:. ,' 41 Fa'k M 'r" 5'x z t 'r+ _ q.. ,f,- -`.¢`r a.}`r. `�+h' .r: 'i•U_ +. N - ' r+. ,, `N z LL 4te it';(4'-',Z,,-1!).4,1',4% '''''''A''t "a -"?' T `'i. `- .a .1` .;:.✓ r a+'rr-,,, ; 'e }'n„ vin. '{ L g's•''A :` • e. a_A i 'Xis-- xn rrr 't"'- -- _ A� y' ` ' , r„y , °-s s 4 r .r-.t ,Ws e 17.444 + ;vi. 2 - py �^l. ".a..',.h Y ♦ �. J• TA;.-1 lac. w•w y* , - , 31bYrK . .�s'.:"-4.-4 :- r"r��/,f. ¢°arri- f.. p �siiiw AMENDMENT. H ft vu u - - I; ek �� , { 'l 35 Public Trustee and Deeds of Trust 38-37-113 WS i�Y:- Mortgages and Trust Deeds j,' t,. , ty of t tl{ii,,r w le.st � 'r, ARTICLE • •.,i .. t37 i' 4 i '- �� z r ' it '. - .,,z ' ,,a)� 'RriFe ft— Public Trustee and Deeds of Trust 'M'I,7 "" ,4 --- r . ---:::— tiM3s of i �' ,, ,v w . . I t I. s.,- 1"t . `� an - I 38-37-113. Beneficiary elect to foreclose — 38-37-123. When trust deeds shall be i71 z ,. s q i+ _ notice — disposition of released. 1,I�� •:; t . „.: - escrow funds. " iii ' Finalitch 38-37-113. Beneficiary elect to foreclose - notice - disposition of escrow I ' ' , `' i Mich funds. (1) Whenever the beneficiary under a deed of trust or the legal holder i .� .i r..f'"t . jthat of the indebtedness secured thereby declares a violation of any of the cove o- r r Beesuch nants of a deed of trust and elects to advertise the property therein described 1 . such for sale, he shall file said notice of election and demand for sale in writing ' Is or with the public trustee, along with the original note or, in lieu thereof, a bond 'r rten- in twice the face amount of the note, and the public trustee shall thereupon ',,; 1 advertise'the premises named in such deed for sale in accordance with the ` ,- c:, , ,, h' terms of sale specified in such deed; except that such sale may be held at 9:1-1- r ve ,,ocu- the place designated in the deed of trust or any place designated in section r� :lion, 38-37-108, and the notice of sale shall designate the actual place of sale; and i'„r '''.%:,-d +' 4-,w,, the thereupon the public trustee shall securely paste such notice of election and : "fit &¢ lar- fibers also a printed copy of the notice of sale in a book to be kept by him for s 2� r t ? . t; that purpose, which book shall be open for the inspection of the public at I-, c �' ,,,,, Li,:'» Street all reasonable hours. Upon receipt of such notice of election and demand >°d` e 'F..."re'r1 l '1 the for sale, the public trustee shall cause a copy of the same to be recorded j i mar x ,ate citify- in the office of the county clerk and recorder of the county in which the 'i'• ; „ real estate affected is situated, and the recording fee for the same shall be i 1 i� u •"tom title • collected as part of the expense of said sale. I P, _:, `fie r ' ' (2) The public trustee, within ten days after the date of the first pubh cation of said notice, shall mail a copy of the notice as it appeared in a news- r � paper of general circulation to the grantor at the address given in the trust Io ? r i L deed, and he shall also mail a like notice to each person who appears to , '' rte Mi have acquired a record interest in said real estate subsequent-to the recording I i . *r=.s, � r,' ' coon of said trust deed, whether by deed, mortgage, judgment, or any other !! '� `,` i'}'- a `lour, instrument of record. Such notice shall be mailed to such person at the , r • ' ' mule, address • r agiven in the recorded instrument of writing. Postage costs under this ! j ; ; --%;‘,5,,,y,-.N.,,,?1 1when section shall be part of foreclosure costs. .1 ° x °' •At the (8) The public trustee shall comply with the notice requirements in sections ;l r'" 'tt.• such _ :e},38-39-102 (4) and 38-39-118 (1), when applicable, by mailing a single notice 4 w � ranc, ‘!.ti to the grantor of the deed of trust. - ! w , by.;Uni edor Source: (I) and (2) amended and (8) added, L. 75, pp. 1437, 1443, § § 1, • ,i a' , y s� " '. 1-W- ithin 3. ` r zh e ,a7'• Effect of amendments. The 1975 amend- "copy" and substituted 'of the notice as it ' 4 J a. - f t'• ments, in the first sentence of.subsection(1), appeared in a newspaper of general circu- s x T+ inverted "along with the original note or in lotion" for "thereof" and added subsection a is s�{� : lieu thereof, a bond in twice the face amount (8). �,I ,y '.�sr t a '�-`z' .paw* is of the note", and in the first sentence of Plaintiff who defaulted on deed of trust 'i Mk :!`^jam ir,3t„i� • subsection (2), deleted "printed" preceding • �� i•ii <-'''� s3a'7 • '3ee-?1_9:1, 8-rt fir, xFIi t r•:' f a"..2+R.Itz. .. ' r `#.c. ¢ r,+- x sy i� '~ T�±?, :r:..s. rr')J1�.°sz ` Y s , b •-.,i f 'kf"'t h .a' Fr N^ss„ ;p-r !\q:47,-&-2-*r w.r , 5y •C#.'at s .� v+. +,. -+Y +.�,.�+s.. . w 'L ';'"4'.-Y.' tZ- L, X w.�'," d+4 5 ;`..e y .s ttfgin vy) y.W, Y.+' ? b�.S -( 4_ 1 r YES '+ } • Y r x�c - r .F5 ..,,3 -^' wr.,j a a a , -itzv �„�t ` t°'l..y,:i +r.3t-1. `F n.?' '>IY`2Z" ,}.- -��t ,.�*y �ti 34.� .,,,s 9b- zrw pp k, -- t fie�'',,t fe itli s 4 4v +$ >, g. b m . '1 z,. . ..{- ' ,,r zt - i*. &`-,S+ 'r;.r:� n" -I ¢ s '>tik' iK +��f � r,�"; �of �x .�.,,z,� c,"�` T'`,ys yr „ k e>4 e ' r a'p st� �r� a x„2r,i •t,�.�' ,m4 ,:" '>e ti ` `= ' y' ;,: ac.,y ,s rr ;> e -' 4r t^ -,tea 4,b '�3'�,..x' .*,.a,�, e�i'x,,n• irrAt %7.4 aZuat'Siat:Wi.s�°9L ,ur,,-as. .1` .+azi. _,,-..__ ___ sw 4-.. - "-2`+. y `.'m-�1�y. '--2 %.-e i;, ;s a- �r -'�$" t '•4. 3 j. ^�.`zJ-ar'. f.r< -• cig-�liiz it t Z- -T:.lq Sty'}.w6.�„ aS A , >a 4 . it ?-pr s a sf :'.=e 3�ix.,. i'.r "�K""2`.s..is rK? tx .c`, { �" � f"3's$`.n y i-" r ,5.-4 ''" r 'r r" "✓ti ..�' .' T ^ sr + a rY. Sa'- t..--R.- T.; ss"+i �.., "', 'd `ci"t.y t. F�jy 4- [ ,.x >b'� `� ".+.., ::, r r K 1r-i `"� lrr r".y^— ,rz _S, ''y 4.:,--Y' ✓k'4c-t' '•l Ja �,i4 K'�"`fi -sue mac•..: Y -� .r- r 4 i. '- Lay�„`Te -�� .3.' t:;,,W" ---. ,,-F... - t S`1.^r -v` Y M 'Sri ...�r. y f yt 2, e a -� -.r.s. .4, ice,. 330 .',7:. 331 Sales on Execution - Lien Foreclosures -Redemption 38-39-102 I' -+ l h foreclosure shall person or corporation so purchasing such lands and receiving such certificate r' zb9 to pay any general or special s�c`t'of an independent of purchase p cial taxes or ditch or water assessments Y levied against or accruing against said lands and to pay the insurance pre- I I ;47, miums on any insurance necessary to properly protect the improvements on ' § 118-4-10; C.R.S. •} such lands and interest or sums due upon any prior lien or encumbrance ;I r thereon at any time after receiving such certificate of purchase and during ,uy r Icier of such mort- the period of redemption, if any. i i if (2) Upon filing receipts evidencing such payment of taxes, ditch or water cure, the title evi- �: assessments, insurance +' s-iQ4 premiums, interest, or sums due with the public < �, ::. :cure the lien for trustee, or sheriff, or other person authorized to make, and making, said sale 'E`u acquired by such i + ,..„: . and issuing said certificate of purchase, such payments so made shall there- ; IF ; _:et upon become an additional claim or indebtedness in favor of the holder of i 118 4-11; C.R.S. such certificate of purchase and against the lands so sold. Before redemption ; } can be made from such foreclosure sale under execution,the party redeeming j ill: c• a j shall be required to pay, in addition to the amount specified in said certificate sections 38-38-105 of purchase, with interest thereon, as provided by law, the additional amount _ he indebtedness represented by said receipts for taxes, ditch or water assessments, and insur- I j nc4 contained therein ance and receipts for interest or sums due and paid upon any prior lien or 41 r `r encumbrance on the property described in such certificate of purchase. i111,f 2 . Source: L. 27, p. 253, § 2; CSA, C. 93, § 53; CRS 53, § 118-9-1; C.R.S. „�1' 118-4-12;C.R.S. 1963, § 118-9-1. 1{Z 4. :" • r Law reviews. For article, "Executions and subject to determination by the . court. - �' ; - ' Levies on Tangible Prop erty",y", see 27 Dicta Graham v. Alcoves, Inc.. 148 Colo. 379, 366 { x1 ;- err (f 143 (1950). For note, "Statutory Redemption P.2d 375(1961). t in Colorado: 1965 Amendments", see 39 U. And where there is ample evidence in the eq Colo.L.Rev. 127(1966). record to support the finding, that before ' N ys Linn - ! where real property was levied upon and taking the deed of property from the owner,a s 't erg q i sold under execution, and owners failed to purchaser who had advanced funds for !:j. `; I redeem pursuant to this article,and the trustee redemption knew of the entire situation sur- G: ;-•*), aX I in bankruptcy disclaimed all title and interest rounding the transaction, was aware of the - It ! A Ir within nine months - in property, whatever title and interest circumstances and the expenditure of money l:11 +., ' W1 lance of lien. - ' owners had therein vested in grantee of by the holder of a prematurely issued certif- cd� 'res pointed upon applica- sheriff's deed upon delivery thereof and such icate of purchase for the benefit of the prop- F�{ ry grantee was then entitled to possession. erty, and he was aware also that the redemp- 1 111, F' of receiver to pre- I Garcia v. Adjustment Bureau,Inc., 148 Colo. tion money which he advanced to the owner IF � 4 270,365 P.2d 687(1961). and for which he received a deed to the prop- A 1:�y a apply to statutory A deed issued prematurely by the public erty did not include the expenditures so made, s, rii taxes — judgment trustee following a foreclosure sale is not void, he is not a purchaser for value without notice, N, p'i redeem. but carries the naked title held by the trustee hence he stands only in the shoes of the I i of sale—issuance and does not divest the mortgagor of his owner with respect to matters which in equity ?;:ad; v redemption rights, who upon redemption has become a charge upon the property itself..e certificate- P P P g P P P Y ., signable. the remedy of a suit in equity to quiet his title, Graham v. Alcoves, Inc., 148 Colo. 379, 366 1 4 distribution of the redemption money being P.2d 375(1961). osure sale. ka default is nonpay- 38-39-102. Redemption within specified period - procedure. (1) Except as }€ 1,1' c provided in this section with respect to agricultural real estate, within t1 $ F` seventy-five days after the date of the sale of real estate by virtue of any • 'l N w Whenever any foreclosure of a mortgage, trust deed, or other lien or by virtue of an execu- :g - inds under fore- tion and levy, the owner of the premises or any person who might be liable I� . ga :cution or order upon a deficiency may redeem the premises sold by paying to the public : :eived from the ' trustee, sheriff, or other proper officer the sum for which the property was tt�> ak i irchase or other sold, with interest from the date of sale at the rate specified in the original .i ill 4.- i. lawful for such instrument, together with any taxes paid or other proper charges as now pro- • I €^y 3 IIF t4 A -tl.. .��.S`.'"' .may*,-^ ''z'_ n ^.' + t .s ,..:, Wet -.t. q e .i a' y� )`y rx• t ...w ''▪ . -k 'r f '-,.`9 4% } .,y 4 ny,,iP l att"tc�2 `x " ,,,v} eta-+,`e ..c. . r N �.:� l.? 44,.C� . h. X..,- ti+s. ,�`- y �'` -& .;� t:. ' . �s r'4.'4'a}tom t,to♦ 'd5 z s e-�t % ..-.r" 6 !t r. _ �nt.,X-s.111 u, -r'�.y'"`-.t" �`,fit. ^''i_f,t'�f.. �^ 1`�3�.'t.`� `,.....r .�'"b. ��[�T� y �tY.�,.Z�l.✓},rT � � � ,.s+ 0`K ti� -� .t5.srt+c'•+5,:,.. 3' u-:'>o. ,t, c„Itt-e.,"`1aa..s�s..,ah ,' -n t,=,r;;:i-.. ,r Y .'P. sr E .G -aY '.,# _ • ?:-.•- -'.c 5-Z s-"+S , -:• y y� t.4', `'-1.,w7,-Y'y, v, , ,w-.t. ` v v:...�x } 1 ' ..c y j-Z�T..a y" cry -�; 3 r 1--- . c-S-12f^ 7.{"« Sr , l -Ln '7,. 'y'r -v«-' t -^t,}cT= tr"Fv"` 'M' '-,. r -*-7."'rt'ac ;X: ' - ."`7-'s .,.... 4 x .- ...,:'_: c `Y- �..'R' e 'ce- *K X �r.S a ?4,/,s,��e+tg.R--c-c.₹f...e. ..zroY 5�tLw^C:0Art '4° -,t .N.1-(1 S ._ ,, .s .> > , . emu, >ir:4,4 r" r-"=' ..y. . t,; �e'i'-W, v `3cC..*I F ia. 0.r.3 r�4 r •i4at'.'C ,ii4"+�,Y ,,. _ >�' F 2' . .i s 1. ,� a+'c ,...,-n -..; ie,,...., tF v' /t7 'cr. c ,.. +�t- s- xy. ] ,.yl t , c„ e , _ ' 'e"1-' -n __:� ....s5..a.,_.r: :.`"s .-.- 3s 3':74. xtL ?:r?i�i«r, s `ems'-.s... . .r• ,-''ti. .,, - � 'at . t c lc.i' -r'-~•4 ',$) ,u T ,:t -,"n,` -~ -, •".y,� Y '. } .3, tea ✓'F :4,, dsdgv. 1> � , r..lF '4• y�;a T -i s ✓ } I Ft c ..�S - t,•i� x: Y - ��+.ce-` .t aT s-3 U r�"ift,,-+tv.A4s c,4 es4._ t�. rr `. '+e .:r `s .e.-i s i ...xcgam Ls3k�"-'..r:& ,,,,gy^TFS -a. -Ra ,ysrA'7'.Y` e'' "L� rd."'-d.40;; �` x`+. L^^-t -- .r -- 7 },� r !. S, i ..k- v. §a".� ' .-- `7t--4..r...;- -clf tl.'S s'k'4 `I' +*. ..5 - a.} r s f .a ?- ,j �,.• J, `-- eq`.3 r- rift °, - u 4,'-s,' c•A."t'� T-n-� r `-. .x a n. r*¢.-`e.` y -l'x'a--t a..--7A > yam, .t t.9,: ei- •r 405 +4 o'- s ^..-'s3 -% -4 F C 3k.,:4 ^"4c:?"-‘. .;',„)...7-,Z,.,- .4-" • 'r' Y ;5"1 ` .s . - FRaa�...t --r ay vte..r � t� fix✓ sd 3 ,, - `�}�.�`""'$ Y+g�f."B.'.x�•'�'4 -'� "z�'+r� y i s>.. t'& y..,,.i'.'-er• rs�„S.�- > -.t � .- v v✓-.�, 47 -.a's a �' #s a«1,'�rJc,r-� cr—. erg 1: n n,. .., -"t "-:� •_ `+ , - n>*..�_ z`'�s Y sir x`.- N".r'. '..'" '�, c T Sr stcS r 3- G,�.''nats'apu bo-t :. Srleuatlear, 38-39.102 Property -Real and Personal 337 t 333 Sales or ...v . vided by law, and a certificate of redemption shall be executed by the proper I tes r officer and recorded, and the public trustee, sheriff, or other proper officer ` 4 and its re; nullifies ceipt by the)aft shall forthwith pay said money to the holder of the certificate of purchase. i defendant and b1the apur (2) In the case of any mortgage or deed of trust upon one or more parcels ; • of real estate, all of which were agricultural real estate upon the date of sheriff has not formally ' execution of such mortgage or deed of trust, as such date of execution is irate of purchase, no; d; recited in such mortgage or deed of trust, the period within which the owner of a certificate of redem I has subsequently execute of the premises or any may to the purchaser. Cot person who might be liable upon a deficiency McDonald, 15 Colo. 516. cutcat redeem the premises sold is six months. (3) The term "agricultural real estate" means, for the purposes of this I Actual ownership was r section, any I test of the right of re, parcel of real estate which has not been platted as a subdivision, Sellers,a Colo.App.491, I in whole or in part, or which is not a part of any platted subdivision. When- theThe ashes judof gm judgment ever the legal description set forth in any mortgage or deed of trust being and unless defendant t. foreclosed recites that all or any part of the real estate conveyed thereby is within any maintain the status quo platted subdivision or describes such real estate as being all session o[tha property, t or any part of any one or more lots, plots, or blocks of any named subdivi- executed upon at the en sion, it shall be presumed for all purposes under this section, and as against period whether or not a has all persons, that such parcel is not agricultural real estate. g bio ns,e 23 ColoedAaptpt 'K Source: L. 29, p. 538, § 1; CSA, C. 40, § 158; CRS 53, § 118-9-2; C.R.S. (Isla) - , Formerly all judgment t• 1963, § 118-9-2; L. 65, p. 946, § I; L. 73, p. 1414, § 87. to redeem land from an e 1 expiration of six month rt Am. Jur. See 55 Am. Jur.2d, Mortgages, tion sale. Jenkins v. Gold Dollar Mining & sale, and an assignee of §890. Milling Co., 27 Colo. App. 247, 149 P. 269 greP.er 6i(ht0. Roose v. C.J.S.See 59 C.J.S.,Mortgages,§842. (1915). See Paddack v. Staley, 13 Cob. A 77 P.246(1904). IAnnotator's note. Cases material to 363,58 P.363(1899). PP- As to a judgment debl §38-39-102 decided prior to its earliest The owner of the premises and the lien-- - sheriff's deed was valid i source.L. 29,p. 538, § 1,have been included holders of record have a right to redeem from - ered after six months and in the annotations to§38.39-102. the sale on foreclosure by the sheriff,and when -. from the date o[ sale• { •_; Law reviews. For ankle. "Revising p expires, been no redemption. Mc r the ownerit right of redem lion all of 23 Colo.App.59, 127 P.�.; Redemptions", see 6 Dicta 16 (1929). For his right,title, and interest in and to the land, article, "Foreclosure by Sale by Public is extinguished, and this same rule applies to v.Turner.21 Cob.t exult 4 Trustee of Deeds of Trust in Colorado", see pp Where, alter the exph 14 Dicta 5 (1936). For article, •• the interest of lienholders who have a right to . Foreclosurer . from the date of anre exe by Sale by Public Trustee of Deeds of Trust 474 P.2d 630e(1970)v. )..aSee Lane ber, 28 ov. Morris,77 530. judgment le and he party a redeen a. in Colorado", see 28 Dicta 437 (1951). For Cob.343,237 P. 154(1925). sale and the money, n article, "Forms Committee Presents Standard the redemption Pleading Samples to Be Used in Foreclosures And on sale under foreclosure of a trust judgment debtor could n Through Public see 28 Dicta 461 deed, the owner thereafter has merely the -•-: of the purchaser at the sI (1951). For article,Trustee",Forms Committee statutory right to redeem and the right to possession of the premises until the expiration - on the ground that the ju Presents Additional Standard Pleading , of the redemption period. Lane v- Moths,77 it was made was void. Samples for Use in Foreclosures Through Cob. 343,237 P. 154(1925);Bankers Bldg.& Colo.522.77 P.246(1904 Public Trustee", see 29 Dicta 1 (1952). For Loan Assn v. Fleming Bros. Lumber Co.,83 Assigns•'includes the article, "Enforcement of Security Interests in Cob. 335, 264 P. 108731 redemption. McKee Colorado", see 25 Rocky Luis State Union Bank,86 316,A 194 P.redemption may (1952). For article, "StatutoryMRedem Rion in Protective Assn v San 86 A redemption may be Cob.293,281 P.366,66 A.L.R. 1166 1929). _ LAZ Colorado", see 30 Dicta 79(1953). For note, ( - debtor where the judgm "Statutory Redemption in Colorado: 1965But a redemption annuls the sale. White v. and another, and the Amendments", see 39 U. Colo. L. Rev. 127 Crow, 110 U.S. 183,4 S.Ct.71,28 L.Ed. 1I3 execution issued thereon (1966). (1884). --_•. i defendants,notwithstand The right to redeem from an execution sale is And upon a redemption from a sale of real i no interest in the proper a purely statutory one. Paddack v. Staley, 13 became ate nvoid,er xand tt a n sheriff's tfdeed icate issued levy or sale. Floyd v. S t Cob.App. 363,58 P.363(1899). thereon was a nullity. Floyd v. Sellers, 7 - - 49t.44 eP.r 372 (1896). And without the statutes of redemption, Cob.App.491,44 P.371 (1896) Formerly, this section neither judgment debtors nor judgment ered- Moreover the payment r redemption the sale and x hors, nor grantees of the judgment debtor, defendant, with thpurposeof the money io to ,t ld that nter) be null rd taking his title, could redeem from an execu- landof on to I held that an intervening the sheriff who sold the on execution. __J. cut out. Stryker v. Dunn - .• 4:.'. 644 (1922):Bailey v. Mel R _ _ ;=s--- P.2d 485(1932). f t ^ a.`E` -TS .t a - } ",.w,+nk st m*+_ >c.+u...- -.} ,...s.„,-___$.....,,aa.r --?4,±...--7...-�`i-- 't- "a rw-�cs S..... ��. z�,„gz. sc4 �f.✓ • ^ v:r.•�` :...?OM.""'+H£se. x- s -s�c.S.. -aF>., y<"'a'1. ,rr` f"'r, .�i5.v .a"1��.^' S' ��' Y'if` 3...-„,:-,, � >� w .'9'r a�..4,. '*c, .»a ,r e�'c.. $. ni,. vSx> a v e*' 3- "._:0 .* ter ,.. , ea h m .t-s,--a. k -,k S r..rf I .Y ;y�' ,- ,- ,-," -.....s., ,.-Yv.3--..c..--,i.Y----- .xai'w'�"j'..�£ :-. `-�.'"�z'-...:•s'�. yea _ 6> >l40. Ts r s _.-t'r"p�'v w +v caws. *uy .Jr.. .i� s. ,r„ • ��)r.r 4'''s. 44a "" *a "S:so �'" lL'20 �'»' T ;k+r 3 't c '2, t tt.tV:Sasit "Lrt at'. •? w E'er x ;^r.-;,-, .3..--=;: `i ,sn 1X .,,'i`~" (.t�y �Po7 2.+A V ,z`S-`'n$r" &W .t- ; -vf., `4* }.4 zr ti `' ^' 8 -cej*. k C«." as "k7•i . r* u 'tsw ` f a ze F'trw.,3.:..kx s_}.. ..er � aA- y - %₹§:. 'stt-..r.�c.,..,,aw e sA y h -sw Y `sy t a�,„ ,.,, .. 4 ,4,0,- fi 5 k�...ki v ,y ,.,a ' , ,4TH^ .,3. r 4 n,,r rae '"`,,:a r`ti"- ric +y .i rn �, h' 3w . � rn,�..+Y +k #ax t r, dw a. �,...j. rta=' .56 s.-x°{�}'-4i�.. 3„ f, .tg,$ Z -.. .�.ur e s,w4 sfiab�. ^tee�+,� �* a`n kw-.S.sP-L.czs 3�ndn...•-s..-.u�-r e, ..,v .x. ,,g� -tr -, — 7r r # AMENDMENT. ... r x r r " 38-37-123 Property -Real and Personal 36 3 w•rte,. Y yas s l "�.,,r-�-4 .,.t£. •'1 'I which she had agreed to pay was entitled to lien by levy,and notwithstanding that she did 4'` *'�s i excess over trust deed indebtedness on the sale not redeem within the statutory period and on ' 4>+�`s-+ ,g. 'a�v ,-„ `t I i of the property by the public trustee since she the expiration of the period, the assignee of er T', ,cu,;^,'s, .3 .. had caused a homestead exemption to be the judgment redeemed the property. dcS 4. q°S'� '5. } ',) entered of record on the property prior to Patterson v. Serafini. Colo. , 532 b. „d j F,';,al* -' a'. being specifically subjected to the judgment. P.2d 965(1974). cif!' VA u 38-37-123. When trust deeds shall be released. (1) (a) A certified copy of "1e I a resolution passed by the board of directors of a bank, as defined in section am Sr ` ;� *�+ I i 11-1-102 (2), C.R.S. 1973, industrial bank, as provided for in article _2 of `' -fira =� 'Is i title 11, C.R.S. 1973, or savings and loan association licensed to do business Le..:;''..----!.:';'2.:" f tx in Colorado indemnifying the public trustee from any and all damages as the r - ' I result of issuing such release;or ___-_,:„÷„,,,,,„:„.„...� ," cet . • i (1.5) If the purpose of the deed of trust has been fully satisfied and the a. t-"-r x 'r :'nfF 1 indebtedness secured by such deed of trust has not been paid, in lieu of pro- iipi 1.— ;„r t, 4� ti i + duction of the original cancelled note as provided in subsection (1) of this ` Y _�* I 1 1! section, the public trustee may release the deed of trust pursuant to the provi- ction f the I� '� -f I r! t d and thesions of srequestection lto release) of this estatesithat thegpurposeinal mofsthe deedory note sof trust tr lati ..;-��l ( ` ! has been fully satisfied- t.-T'- �€ '; Source: (I) (a) amended and (1.5) added, L. 75, pp- 1439, 1440, § § I, +-+£ Effect of amendments. The 1975 amend- paragraph (a) of subsection (I) and, added a°'e'' x 7, '` t`y f ments inserted `'industrial bank, as provided subsection(1.5). 6� Y ,t:y.Ali- 3 'r ,l!I t for in article 22 of title 11, C.R.S. 1973" in I • K .....,;:`,....-4.-..t..'4 I I1 ARTICLE 38 sttt t ta` 4.`i t r s"- `�i e,. 1 I Mortgages and Trust Deeds- General Provisions x "« r> >^ .: 38-38-105. Mortgages with acceleration clauses. '. - ..1't' 'a s` .. Y. ii -* P ,.:, . I 4.' t Obligee has reasonable time to elect t right to accelerate in which to elect to declare r a I II declare Indebtedness due. Under an ordinary the indebtedness due. Malouff v. Midland a A,..i..,, z t, I i tf acceleration clause in a mortgage or trust Fed. Say. & Loan Assn, 181 Cola. 294, 509 -s at. *.,, s r . , t , deed, the obligee has a reasonable time after P.2d 1240(1973). l> -C y I 1 { the default or the event which gives rise to the X4 "t i .. s7, , . i ARTICLE 39 r s ≥ z X % i ; ' Sales on Execution-Lien Foreclosures Redemption . ',/02.-:,- --14..;,-...,->d':.-' y< "-(1 u t I iy 38-39-102. Redemption within specified ('-. :. .x, ^; c , I i I period—procedure. L,1 '` Y+d 'zy„ ..e I. 38-39-11S. When default is nonpayment. y¢r t r l 38-39-102. Redemption within specified period - procedure. (4) The public f. .;� a:-' --v r 2• trustee, the sheriff, or any other proper officer empowered to sell real estate ;:I , VI if {-i I at a foreclosure or execution sale shall, at least twenty-one days prior to y4x , F 4 a '1 t the sale, mail a notice to the owner of the premises at his last known address ` r r, a rx f informing him of his rights under this section- - ter'. '.,.:H.74.1 I• ' Source: Added, L. 75, p. 1442, § 1, i s;- r,i``t" "?rt• ./.-,57:":.7t r Effect of amendment The 1975 amendment is t fhiiy. ;; i added subsection(4). w k I • 3F: 'tom Cc t f`� .�.c{ w ran++,,,, .+ ri yy r„1 ,t£, • 22, 5 .-"t : Z..- ,4`.r 5 +dY F q ",t's5T` Y ttr Cs tits• }t .5. }'�"n F1,.Nc h xm Ts � • :).- #,.. 'N4,;.i`- . .F4"`.aY ,A r.4'+ - - ' .L•1r�Y-�3S'9+ �^(V'�"!y M4�'9'49��"l"�.� iyy,4� MV l.,R��c� yi��`1Y h"'dtW�.3 h4' +,,.R p�� `l Y��y� �'c�Y 4t �'. £ e rr'Az ) . t.� 1 - 4,"14Y 'mm PfJQ - ~ .'w' 'T4'�t ,.af Y .s ;. '4`, t �FT�t C " `« „'t "i, s,yr fti q�.tf, „a. y--t „-- F1- "`k e -, t'rvF M c ^C :r:.1/4:-:,4F4 z ri-r-YY .t.�'...a- w+4. r a., .wkft t '��+'.is 'j ,,, s'a 'd ,, .7,-„ s •, Z s rk ti "" ,�4 it tz .r - 2:- i-'..t. r... l ` Y, '"t,.,'"rT "�,. 1',ry k r ::Q `Jr'-.i ' ; n -- yr3° r` f^,it* t' a ' Mr r r ,r" tF ti > '."'" Y i �E'y ry �-*" 7 rtt # t r ..14, d -e --..,.-.:i.,a. �r�..>�;:_-v -S�...,,a�rM..a.nt.:v'.. .-.�•tiF�k;�t�a,. .. x -n s c .1,.'-C)' "i'.' t, " t N _ �-e i• '`*P"�' k :Y°' X`>-J'a' -`z ,..1,,,r fia E s.elet:l �t 3' '=e:"a2 n'a"' '", t cep k h .... +r- .^eyry xi-^" "'m"r-u c : ec x3,�. i a,yz t , �;IF r@ : a +w• _u+' ''w'- ya- ,.,.-.-1,;,,rttye .r+pm .[ ";•.t ` s by '. • � : •.. t~#Y,„ s 17 4C3:cJ. -4"-- u,. Y� T^zz ttlt i na - t y 7 :; AMENDMENT. t, , ar LI I� i 37 Sales on Execution - Lien Foreclosures -Redemption 38-39-118 it i 36 I plaintiff was liable on note for entire indebtedness, and where plaintiff-thereafter SI',I 7 ments leading to loss of -' ft e that .he did indebtedness. R'here plan:iEf purchased prop defaulted making pay 3 �: s" i'- pe d:rid on consisting of three arcels, secured b all the parcels by foreclosure and ublic ,w3 ' � p y public e , igncc of erty plaintiff was still liable on the it I, e -, -:�,� property. deed deedof of trust,assuming toer pay note secured trustee's sale, lE '- 53I by of and where he then sold two note for the entire indebtedness.1 82(1974). I . sn >~_ w7 of the parcels, but there was no evidence that Dull,34 Colo.App.2 wk,r^va. the purchasers agreed to pay any part of the • �A., 1:, ? � w� ?.y≥y ed copy of - �,I *s`.r.d 1 in section 38-39-103. Time of redemption by lienor. - 4nC , P" 1 :licit: 22 of Plaintiff who defaulted on deed of trust lien by levy, and notwithstanding that she did l� S+. i� • 1O business which she had agreed to pay was entitled to not redeem within the statutory period and on +'fix, x 'ages as theI1 4, excess over trust deed indebtedness on the sale the expiration of the period, the assignee of ' . ''x.�. ; >s g of the property by the public trustee since she the e judgment redeemed Coto.property., 532 r a^��-�+ - had caused a homestead exemption to be Patterson v. Serafini, ' ltd and the lieu of pro- entered of record on the property prior to P.2d 965(1974). ;f Kr (1) of this being specifically subjected to the judgment othe provi- 38-39-118. When default is nonpayment. (1) (a) Whenever the default or I� i 3r'r'at � ,. )tc IS exhib- violation in the terms of the note and deed of trust or mortgage being fore- I! z ' , sst-`.' sett of trust closed is nonpayment of any sums due thereunder, the owners of the property (I, , "= in 1 being foreclosed or parties liable thereon shall be entitled to cure said defaults ,III II 1,44.4:".%.. ..„, ` 1 64»(l. `a I, o e least seven days prior to the date the foreclosure sale is held, such I x44, owners or parties give written notice to the public trustee, sheriff, or other l '' , t. € officer conducting the sale of their intention to cure said default and violation t ` Fly and. added and if, on or before twelve o'clock noon of the date before the day upon ` -! y twhich said sale is set, the owners or parties pay to the officer conducting I � �. r I• ` t the sale all delinquent principal and interest payments which are due as of i , a� , { , the date of such payment exclusive of that portion of the principal which I�• .• would not have been due in the absence of acceleration, plus all costs, I ,� Iw expenses, late charges, attorney's fees, and other fees incurred by the holder • .1• of such note, deed of trust, or mortgage as of the date of payment in connec- i • .Pita It lion with such proceedings for collection and foreclosure. k` (b) Within five days after the beneficiary under a deed of trust or the legal I 4' alcctto Midland holder of the indebtedness secured thereby files a notice of election and ; �; t. C a. 2Ldiand demand for sale with the public trustee pursuant to section 38-37-113, said t t .s -- 'Colo. 294. 5{J`I - � e z public trustee or any other proper officer empowered to sell real estate at I . ! ° a" „ a a foreclosure sale shall mail a notice to the grantor of the deed of trust at } his last known address informing him of his rights, if any, under this section. *• � r "e" - Pgg i Source: Amended, L. 75, pp. 1441, 1442, § § 2, 1. �' Effect of amendments. The 1975 amend- interests not jeopardized.This section must be ' .:shx .,s ments in subsection (I), redesignated the interpreted so as to carry out its general legis- provisions of this subsection as paragraph(a), lative intent, which was to permit debtors to i C , . 'a {{{ added paragraph (b) and in paragraph (a), prevent foreclosure of mortgages or deeds of i T.� '�z, 1 deleted "only " preceding "default", substi- trust in instances in which the creditors , a ) The public toted "sums" for "sum", "defaults" for interests will not be jeopardized. Foster r "particular default"and "seven"for"five", Lumber Co. v.Weston Constructors,Inc.,33 _,,, ,r 6 , ill real estate deleted "only" preceding "default", substi- Colo.App.436,521 P.2d 1294(1974). — "a � +<ti as. prior to And cures default on note,deed of trust,or ��c s. sure sale" and inserted "is held" following ( aaaE't" ` ,own address "foreclosure sale". mortgage.This section specifically refers to This section has modified the common law by defaults on "the note,deed of trust,or mort- +^� `t f w�; limiting right of accelerat{on. Fester Lumber gage"and was obviously intended to permit a ' r- a Co. v. Weston Constructors, Inc., 33 Colo. debtor to cure a default in the terms of either s,.^4'� App.436,521 P.2d 1294(1974). instrument. Foster Lumber Co. v. Weston , 1 ;44 .N r<ff e� ,t.,, -0 x ,. ar Section prevents foreclosure If creditor's It + *�: .._ - _____ -1 -j — it Mz+x , � �' ' 'F%,nFd•"Y'as�..3s +.. .6s { � ' 4 ,� �� t-sritAti R n ,3' -,f1 . u : a,. is v' .e k>sarrl, vt,'e,₹i snN2's+l o- c m x r4, �tre ra k 4441. t,S ye ' -rt c :'t ,�•tAr-��}yj'4`.a y'2 �N''' ' 1,-F '^ys ' .b t-*,y n">e 445. . s e •x -, z # s' 2 e tr- a ^7,g- e -. r -hSm,S, <,%, -c A +..+7..,+v" 7srt ,v *J4 P 5�.,r1 t° ti•l-'4 3� -"t' ° ✓ uri ti i.�i t W,C'ot-,.to 5 .ax T". r „n .fw., ..+ a .^ 3 y+ r .r "F a a. ,.++ t rp �. f ib 4 �. 'P' As'i",.+s av Y„, r✓' € S 5,4 >r a e.. •y J x {r."..""' �4 � � 3 �..,� x�� ,xs.my # a� ;�'' s.�a�y 4i fS 9/.+a> x .j °Zi-r�r r A+ v�•`•" ' .n+ .+.�Y t r ', n .x..� .+. i, i 4 {r ," �' Lr _ Via Y r D.+ � -`fs t L..<� � '�F 'oar v "£:. c '1� i .�'"�r''3'`'- ��` f y � ,- �yy^��.,,," ,,,,--r+.- Y rKr 'i ,-;!- ltiz L, `'y t - n t .P'.hax :.,.,`s ti`F.a --J y1 a '--2,----4-,_-,,----.4-4r,'%.�l.x'a""'-vra .hs rz sr C mea e ii. -s- Kt r^ ..St`v '§' . .k t" r`'xa+3 M ; a,,;::O - f +,° y y mss"+- ti�^v� i � -( 4, e,; 4 Y ,M ? le +,as- J 5 ,t--i r,!'x 'r r -O r s if ).--':" , -` rc s- Z" .3 +.rk S - . . (, -rte' 44.s r : , t n x ° i i.f tit° '=> >f'. v.',. '?,*.- +.{ 44 ?Y'., t f 3'.4, .c f.fit. r`'aZ ';.i k .a ,., .,-war f 4` 7 s`4 ra.0 w rt=”1'- ,Wee.nti` '',f:aV(..}' leis.''kr a . rxt. �. d r '$d ....,. ..,_.-xFa..._w!,a? 3.�'?�1;.a�: �`�..' �as.�fk�i��etwEz..r.-...w,.c.0 � h`...,�_I.. 3'��SicP>..�a�.�a�..✓c ..°1 ....+3.S res&s .e*-:�.b3_a T x r=-- .,v l, rje-s -7.- .y?/' w.s• "h- `',•--_ - c. - - •• .1.i!."•-..1.";-' z:• --7,r•;! 1{-s v -, ,-:-: t- Y jF z'�y YaiiT• :s:. axis �.' S'-rCate ..ny ' ,ZJ- 71'� . .<+'i... '-.,+ j.,11.-' .- r .-c- -.• .-4!---.- >fir ,,.�-,-i`e.:a. .'v --.-,µw•nr-'.-irs-��=� `JC^-��L`--- - .:=.a iy v-^ r .. p Zr" <. i.r l Y-. S. : • �s5�5rf..NZ.r'a'-"Y scn's.% b;-{c - m.G9� " i a--"i'21:::` 71-%;-;-;[ `, • 38.39.119 Property-Real and Personal 346 347 all proceedings for foreclosure shall terminate. The officer conducting the or the ta: sale shall forthwith deliver said sum to the holder of the note, deed of trust, by such or mortgage. of the co (3) Nothing in this section shall constitute a waiver of any right accruing or other after a subsequent violation of any covenant of said note, deed of trust, or fifteen mortgage. yE corded in Source: L. 65,p. 948, § 3; C.R.S. 1963, § 118-9-I8;L..69,p-980, § 4. Sour Y; - Law reviews. For article, "Foreclosure by . "a 53, § 118- ?'- S 07P u.9. of Dee o in Colorado", see 28 Dicta 437(1951ds ).f ForTrust aril- Law revh Cl:,"Statutory Redemption in Colorado",see �-7: tries of Col 30ale Dictaby 79(1953).licTrust Estate", se - "Colorado I 38-39-119: Application. The provisions of sections 38-39-102, 38-39-103 (1) Matters", s. i and (2), 38-39-117, and 33-39-118 shall apply to all proceedings for the fore- "Bar AssocC" utes , si I. closure of deeds of trust and mortgages executed on or after July 1, 1965. "Curative 5 In the case of proceedings and actions for the enforcement or foreclosure " - Titles to R -atof any other types of liens upon real estate and in the case of sales by virtue (1949). For: of execution and levy, the provisions of sections 38-39-102, 38-39-103 (1) and Assembly", ponsored ?l (2), 38-39-117, and 38-39-118 shall apply where the particular proceeding or "Pored de. edsof zi action under which the sale was performed was commenced on or after July of Deeds 1, 1965. The statutes in effect prior to April 23, 1965, shall apply to all other 437 (1951)• l '- e proceedings, actions, or sales. 11 Transact `}?V. _ .;- 115(1954). Source: L. 65,p. 949, § 4;C.R.S. 1963, § 118-9-19. 38.40-IC c Cross references. As to redemption within to redeem, see § § 38-39-103(1) and other insti specified period, and the procedure for 38-39-103(2). As to the date fixed for foredo- renewed a ars �,r redemption,see§38-39-102.As to the right of sure sale, see §38.39-117. As to when only (a) An 'tea" - - a senior lienor to redeem,and filing of notice default is nonpayment,see§ 38-39-118. holder of t' trust, or b • ARTICLE 40 deed of to evidence c Mortgage,Trust Deeds,and Other Liens-Limitations in office c other instr 38-40-101. Liens not to run over fifteen March 28. 1927, not due may _..1 named to 1 . years. - be extended fifteen years. thereof ha: 38-40-102. Lien extended—method. 38-40-109. Public trustee may foreclose. ' and recori .3840-103. Public trustee may act within lien r .period. 3840-110. Effect of notice of action on lien. . rJ: before the 3840.104.- No release necessary. 38-40-111. Does not extend any lien. "•s.. (b) lip( _ 38-40-105. Action to be brought within fif-teen years. 38-40-112. Lien extinguished when action gage, trust - barred. be in fore( 38-40-106. Recording date as due date — "�_ .- when. 38-40-113. Does not apply to instrument from the d ' - 38-40-107. Instrument in writing past due foreclosed or in process. c and payabl sK considered due on March 28, 3840-114. Action within fifteen years when extensions 1927. in possession. _ of this sect we- 3840.108. All instruments of record on 3840-115. Mortgages to United States. deed, or of <-� 3840-101. Liens not to run over fifteen years. No lien upon real property ther extens created by mortgage, trust deed, or other instrument in writing, securing the trust deed, fl payment of an indebtedness, shall remain a lien for a period longer than fif- = extension n teen years after the last or final payment of the principal of the indebtedness of trust, or =z t F 2T�yCi•+z-1 �trrelitle--5< .3 'X:i'n r'-�-vr• �..-.� ye 3. T t.--..� 4a }-1 t (-„z 1 -F..'--'-- .n3'�..c- y -+ n• om'"r> -�a•- x•—,' � ) "Laic-oi '�•- -X-T: �+. { e) �- b a ..c, 2,s t .. �U-�w-* .+c- l t_F c i`f-• V' "rJ- v �` 4 S eYct ;4•C";-:,tr. qs ', t� Y- �. a .7. c 3 „h. ,k-'«a.--15. c.�r_.✓: r .:.r- -.-..4 4, -Y5'• •�,*�+r. -, .--.t' r S�,i j -. '9 A y:. '�=`. }r tr, -.� .p` :thea,� 'vi` s r i� ,.S r-«r' �''.- - T �v.#„xr T ,i V-v,.- > •i a-.r,z �` { :#1 �X +-.?-v''-i.�>' ,:�4-t F` rt• r yE-yt �!. - . F.Z.�r .., a _ a�yhr.:�f s ry. �"-' C'ea -m c.7 I i j�v" �.r--,est • ay V .iv- :::31,14 -:�v r•r% .c, s�'2'h . ..-, _. {z----:▪' -. .^ - 5vVC .'eye 'iF—.7...-;.,.,-.--,-+,....,..-i-,---.-•mss..._�.�'3?-'�4• 'i...},. _-.7 e-..,!n.a-c.... .-.J.` r t:sr .rcM. .. }ti '':e:'. 1.r a -i G. 5,.f k�s 'at. h ,pig, \-4:11.#.;, �.( s - .M1 .3'T'•y.-r�< t r., J-_ T v .. 3 s a �-.a r .e+y�3:s��.4 h3'as1` y y w``` { 4, ,n : v -.> - x s y 3r- F3 +ti-,. tT 4".^ .,, " L� c>C ". .. J:-z^£ S 1'i: sSt r,'� t- t• sa it 1 ▪:qt - • S..,� < 'E. `x k^ h h �ff:rI F,C-'ai -J�sa.�5^ixn' < v{.,3,ic.ay -?S.. �'-4 1r • �' +� - tip; }{ Et . 3 I rj: 344 - 345 Sales on Execution Lien Foreclosures-Redemption 38-39-118 111 lII ((!r1 dare commencement • Trustee of Deeds of Trust in Colorado", see Ass'v.Fleming Bros. Lumber e decided d under { +`1�' at the time and place 23 Dicta 437(1931). 335, l li;,. of the time and place The interest acquired by a purchaser at fore- laws antecedent to repealed CSA. C. 40. t 1;I closure sale under a trust deed is assignable 4 76). j li. be further continued and transferable. Bankers Bldg. & Loan d it h advertisement shall FI , donated. - 38-39-117. Date of foreclosure sale. Whenever real property is to be sold n is truster:;, sheriff, or by virtue of the foreclosure of any mortgage, deed of trust, or other lien, t l� Sri laser a written certif- whether through the public trustee or through court, the date fixed for such ll ! itit r, containing a state- sale shall be not less than forty-five days after the date of filing the notice ll 1O ' such property at the of election and demand for sale with the trustee if said foreclosure is through �i 1 unless a redemption f. the public trustee, or if such foreclosure is through court, then not less than i=€ at the sale was duly It e forty-five days after the date of commencement of the action to foreclose. conducting the sale Whenever said foreclosure is through the public trustee, the sale shall be .I f s the county clerk and ?' zy fixed and held not later than sixty days after the filing of said notice of elec- „ 1 e situated, a duplicate lion and demand for sale unless lengthened by the terms of the deed of trust Il !ill :ertificate, or a certi- being foreclosed or unless continued to a later date in accordance with the 11 ; :e of the statements provisions of section 38-39-115. The provisions of this section shall not apply E1 !IL, duplicate certificate to sales by virtue of an execution and levy. any deed issued as !�` Source:L. 65,p.948, § 3;C.R.S. 1963,§ 118-9-17. .F ,- S 53, § 118-9-15; L. Cross reference. As to the continuance of a Law reviews. For article, "Foreclosure by 3 14 h sale, and the issuance of a purchase certif- Sale by Public Trustee of Deeds of Trust in .1e,;, • _ irate,see§38-39.115. Colorado",see 28 Dicta 437(1951).For note, .h Am. Jur. See 55 Am. Jur.2d, Mortgages, "Statutory Redemption in Colorado: 1965 i .ti < trustee's sale who accepts Amendments", see 39 U. Colo. L..Rev. 127 r iiy § 4 642.645. men Ii 3 rchase reciting that e it is -C.J.S.See 59 C.J.S..Mortgages,4 569. ( - teed of trust, takes only �� "'' the certificate, notwith- 38-39-118. When only default is nonpayment. (1) Whenever the only l;Ili: e's deed based thereon 4 oY 3ray v. Trower,87 Colo. default or violation in the terms of the note and deed of trust or mortgage ). being foreclosed is nonpayment of any sum due thereunder, the owners of tiff • or a promissory note the property being foreclosed or parties liable thereon shall be entitled to : .,;-. leed of trust,who takes it - cure said particular default if, at least five days prior to the date fixed for ;I Cr knowledge of facts p give I ` g the foreclosure sale, such owners or parties written notice to the public ry as to the alleged ten- trustee, sheriff, or other officer conducting the sale of their intention to cure ;,. on the ou land,re has a. said default and violation and if, on or before twelve o'clock noon of the ,I l e public county records. 1 Coto- 240, 286 P. 275 date before the day upon which said sale is set, the owners or parties pay ;ik to the officer conducting the sale all delinquent principal and interest pay- ;-i: ments which are due as of the date of such payment exclusive of that portion is purchase which is of the principal which would not have been due in the absence of accelera- •: shall be assignable - p p g ' g lion, lus all costs, ex enses, late char es, attorney's fees, and other fees onal representative, incurred by the holder of such note, deed of trust, or mortgage as of the ,;; ,o assigned shall be date of payment in connection with such proceedings for collection and fore- . i• s the person, therein closure. 1` kP red and, in case the (2) Upon receipt by the officer conducting the sale of said notice of inten- ). hall be entitled to a 'F ' lion to cure the default and violation, such officer shall obtain in writing from r._ the holder of the note, deed of trust, or mortgage a statement of all sums -:s of principal, interest, costs, expenses, late charges, attorney's fees, and such G ;t RS 53, § 118-9-16; other fees as are necessary to cure said default and violation. Upon payment '' ' t of all withdrawal fees and costs plus an additional thirty-five dollars public I y, see 28 Dicta 176(1951). trustees' costs to the officer conducting said sale on or before twelve o'clock , ,_` sure by Sale by Public noon as provided in this section, in the form of a certified check or cash, ki ai TI 'K-41 y 'Y4-4Lr c--':-.'CJ {';`"` 5i. `r-t- e I ' ._.� ..-fr-<r,.S`x y y„ .+rS�-a r _,,,,, n' �j - -' ,�"+a'^.'.`,,.,,a.TCdr*,- } f.r- ..`sc y'x} ':c > r . b - Y.v v� -,i_ 'S. 1+-., x -4".+ 'tt,:fl-'Y�if`tiS�tir [� K .rf t$1r`f'F�, 1" - +l t . S ,.r �. ri--tR.. ...�^"w--' "'` t,7.: s'k.. .re•.- '' +•.-pt.--- .4e.z ,�yy iv' -_.L;f- -n h e .- - ;. * 1.-1,.tr. e �+p�t{ -yy'�.,'s �rrx.'a ,e-t- ... . .1' 5` ,., .x''d' ^, .c-y.r.C- '.s• , >� r �� ' -- .- . .C .L.4-..-a r ate',.^ .?` 4` z i r 1;111;"--‘a '. iii Y�,.�,�.' -4-ram^rfkrt.1%;c.-:xC. L. n .4.is,::- ;d.ros— c•. .-r_ e.-. t.x4 _ Hello